Advantage Capital Partners

Advantage Capital Partners is a United States‑based venture capital firm that provides growth equity, debt, and mezzanine financing to small and mid‑market companies, with a focus on underserved communities and state and local economic development. The firm invests across sectors including manufacturing, technology, business services, life sciences, and energy, and also supports real estate development projects with equity and debt. It typically makes initial investments ranging roughly from half a million to ten million in companies with modest sales, and may participate in larger follow‑on rounds or co‑invest with other firms. It uses senior debt, mezzanine debt, subordinated loans, and government‑guaranteed lending, and often pursues equity positions through preferred shares or convertible notes. Advantage Capital operates nationwide in the United States, with roots in New Orleans and offices in multiple states, and has backed thousands of jobs and housing projects as part of its mission to expand inclusive economic growth.

Al Alvarez

Director

Brian Anderson

Managing Director

Michael Benson

Senior Vice President

Anthony Billings

Vice President

Bitting, Thomas H.P.

Principal

Adam Constantinides

Senior Vice President

Anaëlle Croteau

Vice President

Keith Freeman

Managing Director

Trey Garland

Senior Associate and Investment Team Member

Trey Garland

Senior Associate

Jeffrey Gentsch

Venture Partner

Christopher Harris

Principal

Joseph Henderson

Senior Vice President

Joe Henderson

Senior Vice President, Investment Team

Leah Hendricks

Vice President

Greg Hulecki

Venture Partner

Reid Hutchins

Managing Director and Principal

J.P. Lynch

Vice President, Investments

David McNaught

Vice President

Arjun Mohan

Vice President

Sandra M. Moore

Managing Director, Chief Impact Officer

Scott Murphy

Managing Director and Chief Investment Officer

Jim O'Rourke

Managing Director / Venture Partner

Justin Obletz

CFO

Tim Perusek

Principal

Damon Rawie

Managing Director

Josh Rogers

Principal

Gabe Rosen

Vice President

Sam Schlichting

Senior Associate, Investment Team

Talmadge Singer II

Managing Director

Steven Stull

Founder, CEO and President

Matthew Switzer

Vice President

Tony Toups

Principal

Alexandra Twyman

Vice President and Investment Team Member

Benjamin Warning

Senior Vice President

Past deals in Oil and Gas

The Bayou Companies

Debt Financing in 2021
The Bayou Companies specializes in supplying pipe coating products and services to the oil and gas industry. Their comprehensive offerings include anti-corrosion coatings, concrete weight coatings, thermal wet insulation, internal (ID) and flow coatings, along with specialized services such as bends and custom coating for both onshore and offshore pipelines, and field joint coating solutions.

Power Gen Components

Debt Financing in 2020
Power Gen Components manufactures precision fasteners engineered specifically for power generation and oil and gas applications. It specializes in manufacturing nuts, bolts, and fasteners.

Rn Industries Trucking

Debt Financing in 2019
Rn Industries Trucking is a provider of equipment rental and fluid management services. It offers mobile liquid storage, water disposal, and ancillary services.

CiDRA

Debt Financing in 2019
CiDRA Holdings LLC is a provider of innovative instrumentation solutions focused on measurement, monitoring, and control applications across various industries. Founded in 1996 and headquartered in Wallingford, Connecticut, the company specializes in flow and entrained air measurement, as well as grind management products. CiDRA is recognized for its patented SONARtrac® flow technology, which offers a unique approach to measuring flow in challenging slurry applications, particularly within the energy and natural resource sectors. The company's offerings are designed to deliver real-time process monitoring, enabling clients to enhance process efficiency, maximize recovery, and reduce operational costs. CiDRA serves a diverse range of industries, including minerals processing, oil sands, power generation, dredging, and water/wastewater, with a growing international presence and a customer base exceeding 250 across 21 countries.

Power Gen Components

Debt Financing in 2019
Power Gen Components manufactures precision fasteners engineered specifically for power generation and oil and gas applications. It specializes in manufacturing nuts, bolts, and fasteners.

Power Gen Components

Debt Financing in 2018
Power Gen Components manufactures precision fasteners engineered specifically for power generation and oil and gas applications. It specializes in manufacturing nuts, bolts, and fasteners.

Arch Energy Illinois

Debt Financing in 2015
Arch Energy Illinois is a central and southern Illinois-based oil development and extraction company. It negotiates directly with property owners before contracting with drilling companies to test reserve potential and install oil wells.

Mason Manufacturing

Debt Financing in 2012
Mason Manufacturing is a prominent custom fabrication company specializing in shell and tube heat exchangers, ASME pressure vessels, columns, and tanks, serving a diverse range of processing industries such as grain processing, oilseed, biotechnology, chemical, petrochemical, and water treatment. With over 60 years of experience, the company has built a strong reputation for quality and reliability, ensuring that its products meet customer specifications and comply with applicable codes and industry standards. Mason Manufacturing also provides additional services, including cutting, sandblasting, heat treatment, and special handling, all aimed at ensuring safe, timely, and cost-effective delivery of custom fabrication vessels to industrial processing sites across North America.

Mason Manufacturing

Series B in 2012
Mason Manufacturing is a prominent custom fabrication company specializing in shell and tube heat exchangers, ASME pressure vessels, columns, and tanks, serving a diverse range of processing industries such as grain processing, oilseed, biotechnology, chemical, petrochemical, and water treatment. With over 60 years of experience, the company has built a strong reputation for quality and reliability, ensuring that its products meet customer specifications and comply with applicable codes and industry standards. Mason Manufacturing also provides additional services, including cutting, sandblasting, heat treatment, and special handling, all aimed at ensuring safe, timely, and cost-effective delivery of custom fabrication vessels to industrial processing sites across North America.

Glori Energy

Series C in 2012
Glori Energy Inc is a development stage company focused on enhancing oil recovery from existing well reservoirs without the need for new drilling. The company collaborates with oil producers to implement its proprietary AEROTM (Activated Environment for Recovery of Oil) System, which aims to significantly boost oil production. This innovative system provides a low-cost and environmentally friendly solution for recovering billions of barrels of oil that were previously trapped, thereby facilitating a more sustainable approach to oil extraction.

Arch Energy Illinois

Debt Financing in 2011
Arch Energy Illinois is a central and southern Illinois-based oil development and extraction company. It negotiates directly with property owners before contracting with drilling companies to test reserve potential and install oil wells.

Mason Manufacturing

Debt Financing in 2011
Mason Manufacturing is a prominent custom fabrication company specializing in shell and tube heat exchangers, ASME pressure vessels, columns, and tanks, serving a diverse range of processing industries such as grain processing, oilseed, biotechnology, chemical, petrochemical, and water treatment. With over 60 years of experience, the company has built a strong reputation for quality and reliability, ensuring that its products meet customer specifications and comply with applicable codes and industry standards. Mason Manufacturing also provides additional services, including cutting, sandblasting, heat treatment, and special handling, all aimed at ensuring safe, timely, and cost-effective delivery of custom fabrication vessels to industrial processing sites across North America.

Mason Manufacturing

Debt Financing in 2010
Mason Manufacturing is a prominent custom fabrication company specializing in shell and tube heat exchangers, ASME pressure vessels, columns, and tanks, serving a diverse range of processing industries such as grain processing, oilseed, biotechnology, chemical, petrochemical, and water treatment. With over 60 years of experience, the company has built a strong reputation for quality and reliability, ensuring that its products meet customer specifications and comply with applicable codes and industry standards. Mason Manufacturing also provides additional services, including cutting, sandblasting, heat treatment, and special handling, all aimed at ensuring safe, timely, and cost-effective delivery of custom fabrication vessels to industrial processing sites across North America.

Mason Manufacturing

Series A in 2010
Mason Manufacturing is a prominent custom fabrication company specializing in shell and tube heat exchangers, ASME pressure vessels, columns, and tanks, serving a diverse range of processing industries such as grain processing, oilseed, biotechnology, chemical, petrochemical, and water treatment. With over 60 years of experience, the company has built a strong reputation for quality and reliability, ensuring that its products meet customer specifications and comply with applicable codes and industry standards. Mason Manufacturing also provides additional services, including cutting, sandblasting, heat treatment, and special handling, all aimed at ensuring safe, timely, and cost-effective delivery of custom fabrication vessels to industrial processing sites across North America.

SMI Companies

Debt Financing in 2009
SMI Companies is a fully integrated provider of turnkey product solutions and heavy metal fabrication. They have extensive experience in the oil, gas, and energy services industries and are regarded as a top-tier supplier by their clients.

Quest Global Manufacturing

Venture Round in 2007
Aequs (formerly QuEST Global Manufacturing) specializes in precision machining, sheet metal fabrication, assembly, forging, and special processing for the aerospace, automotive, and oil & gas industries. Customers include Airbus, UTAS, Eaton, Baker Hughes, Halliburton, and Bosch. The Aequs manufacturing facilities are located in Bengaluru, Belagavi, and Houston. The Belagavi facilities are located in Aequs SEZ, India’s first precision engineering special economic zone. Aequs SEZ has developed into an integrated aerospace manufacturing ecosystem that houses several interrelated capabilities that are either unavailable in India or are difficult to come by in one location.

First American Vacuum Services

Venture Round in 2006
First American Vacuum Services provides transportation assistance to moving energy goods. It offers equipment and vehicle to store and deliver oil and gas.

First American Vacuum Services

Debt Financing in 2006
First American Vacuum Services provides transportation assistance to moving energy goods. It offers equipment and vehicle to store and deliver oil and gas.

Hornbeck Offshore Services

Venture Round in 2000
Hornbeck Offshore Services, Inc., headquartered in Covington, Louisiana, specializes in marine transportation and support services for the offshore oil and gas industry. The company operates a fleet of offshore supply vessels (OSVs) and multi-purpose support vessels (MPSVs), primarily serving clients in the United States Gulf of Mexico, Latin America, and other international markets. Hornbeck's vessels are designed to support complex activities such as deepwater exploration, field development, and well-stimulation, as well as provide logistics for offshore construction and maintenance operations. In addition to its vessel operations, the company offers vessel management services, which include crewing and daily operational management for other vessel owners. As of the end of 2019, Hornbeck Offshore managed a fleet of 66 OSVs and 8 MPSVs, demonstrating its capacity to meet the demanding logistics requirements of the offshore oil and gas sector.

Nova Technology Corporation

Venture Round in 1997
NOVA Technology, as its name implies, provides innovative engineering solutions for reducing operator completion costs while enhancing production. This is accomplished with an array of services, including downhole Chemical Injection Systems (CIS); Continuous Reservoir Monitoring Systems (CRMS);and Multicontrol Line Installation Services (MLS). In addition, NOVA provides Downhole Corrosion Monitoring Systems (DCMS); Downhole Corrosion Engineering (DCE); Surface Chemical Injection Packages (SCIP); Quality Connection Services (QCS); Advanced Sealant Technology (AST) systems; and National Aerospace Standard (NAS) filtration services. For example, a deepwater completion requires a surface-controlled sub-surface safety valve (SCSSV) control line; downhole chemical injection tubing; and, in many cases, tubing encapsulated conductor for continuous reservoir monitoring. Generally, three separate suppliers provide these services. NOVA has the unique capability to cost effectively provide simultaneous multi-control line installation services to include sophisticated, real-time remote monitoring facilities with synergistic products and services (CRMS/CIS/MLS).

Nova Technology Corporation

Debt Financing in 1997
NOVA Technology, as its name implies, provides innovative engineering solutions for reducing operator completion costs while enhancing production. This is accomplished with an array of services, including downhole Chemical Injection Systems (CIS); Continuous Reservoir Monitoring Systems (CRMS);and Multicontrol Line Installation Services (MLS). In addition, NOVA provides Downhole Corrosion Monitoring Systems (DCMS); Downhole Corrosion Engineering (DCE); Surface Chemical Injection Packages (SCIP); Quality Connection Services (QCS); Advanced Sealant Technology (AST) systems; and National Aerospace Standard (NAS) filtration services. For example, a deepwater completion requires a surface-controlled sub-surface safety valve (SCSSV) control line; downhole chemical injection tubing; and, in many cases, tubing encapsulated conductor for continuous reservoir monitoring. Generally, three separate suppliers provide these services. NOVA has the unique capability to cost effectively provide simultaneous multi-control line installation services to include sophisticated, real-time remote monitoring facilities with synergistic products and services (CRMS/CIS/MLS).

OMNI Energy Services

Venture Round in 1996
OMNI Energy Services is an oilfield service company that specializes in providing a comprehensive range of services to geophysical companies, particularly in challenging and environmentally sensitive areas of the United States. Its primary focus is on the marsh, swamp, shallow water, and adjacent dry land regions along the Gulf Coast, particularly in Louisiana and Texas, where it is recognized as a leading provider of seismic drilling services. The company offers various services, including environmental solutions, fluid handling, wellsite maintenance, exploration support, and accommodations. Established in the mid-1980s, OMNI Energy Services has played a significant role in the acquisition of 3-D seismic data in the Transition Zone, having analyzed approximately 9,000 square miles in Louisiana by the end of 1996. As of 2012, it operates as a subsidiary of Gibson Energy Inc.

Petroleum Communications

Venture Round in 1995
Petroleum Communications develops telecommunication network solutions. It provides voice and data communication services for the offshore oil and gas industry. Petroleum Communications was founded in 1983.
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